Switch to:

First Bancshares Scaled Net Operating Assets

: -0.19 (As of Jun. 2020)
View and export this data going back to 2003. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Bancshares's operating assets for the quarter that ended in Jun. 2020 was $3,618.6 Mil. First Bancshares's operating liabilities for the quarter that ended in Jun. 2020 was $4,376.4 Mil. First Bancshares's Total Assets for the quarter that ended in Mar. 2020 was $4,061.8 Mil. Therefore, First Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2020 was -0.19.


First Bancshares Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Bancshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2019 )
=(Operating Assets (A: Dec. 2019 )-Operating Liabilities (A: Dec. 2019 ))/Total Assets (A: Dec. 2018 )
=(3772.999-3105.923)/3003.986
=0.22

where

Operating Assets(A: Dec. 2019 )
=Total Assets - Cash and cash equivalents
=3941.863 - 168.864
=3772.999

Operating Liabilities(A: Dec. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3398.205 - 292.282 - 0
=3105.923

First Bancshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2020 )
=(Operating Assets (Q: Jun. 2020 )-Operating Liabilities (Q: Jun. 2020 ))/Total Assets (Q: Mar. 2020 )
=(3618.575-4376.354)/4061.801
=-0.19

where

Operating Assets(Q: Jun. 2020 )
=Total Assets - Cash and cash equivalents
=5084.905 - 1466.33
=3618.575

Operating Liabilities(Q: Jun. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4457.11 - 80.756 - 0
=4376.354

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)